Haymarket Homeowner Spring 2019

Page 1

Haymarket Area Real Estate & Community News

Haymarket Homeowner HaymarketHomeowner.com Published by Bryan Garcia “Haymarket Real Estate Guy� Principal Broker EXIT Heritage Realty

Spring 2019 Haymarket Real Estate Trends for Q1 2019 Garcia Real Estate Group Featured Properties Community: Spring Things! Some Local Favorites Homeowner Improvement & Service Directory 2019 Tips from the Team: Should You Love It or List It? 3 Must-Do's for Home Selling Around Town: Two Locals Make a Difference in Utah Housing Program Benefit Golf Tournament at Stonewall Golf Club Haymarket Neighborhood Real Estate Stats Q1 2019

The

EXIT Heritage Realty Haymarket, VA garciarealestategrp.com 703-753-9100

Spring 2019

Alternative Real Estate Business Models

Y

ou may have noticed that real estate is becoming more reliant on technology and less on print, paper and people. With this, alternative real estate business models are starting to crop up, especially in hot markets like Phoenix and Denver. That said, I don’t think the traditional brokerage model is going away, but I do believe adjustments are coming. Traditional brokerages offer all services of a real estate transaction, from listing and marketing, to assisting at closing. They negotiate sales between buyers and sellers, schedule and oversee necessary inspections, and review contracts. And that’s just the basic RealtorÂŽ requirements. My team goes the extra step with individual expertise, home preparation consulting, enhanced marketing and more. Traditional RealtorsÂŽ receive a commission when the sale successfully closes, generally in the area of 5 to 6 percent of the price of the property, which is commonly split between buyers' and sellers' brokerages. The benefits include full service, expert local knowledge and negotiating power. The cons are possible longer process, full commission, and multiple showings to attract the right buyer with the best offer. FEATURED PROPERTIES

An interesting real estate business model that's gaining traction in hot markets, is the “we-buy-it-and-sell-it-for-you� model that break-outs like Opendoor offer. Right now however, they are only operating in limited regions, not the DC area. Here's how Opendoor works in simple terms: a potential seller sends them information about their home, and they provide a competitive offer. If the seller accepts, they assess the home for necessary repairs (which they arrange to do post-close) and deduct the costs from the proceeds. Details vary, but the bottom line is no pre-sale repairs and no showings – just close, get paid and move out. Opendoor then becomes the listing agent so they work with buyer's agents. Opendoor also offers a seller trade-in program, eliminating the set backs of having to sell before buying. For buyers, Opendoor has its own portal with featured properties, but they also sync to MLS. The nice thing about Opendoor homes is they have all been updated as needed, cleaned, are vacant and photographed well. They show like new homes, which is why this model is working and growing. The benefits include no hassle for seller, no showings, quick process and move on your own schedule. However, your home may sell for less with repair costs and other factors.

COMMUNITY

TIPS & ADVICE


Average Sold Price for Haymarket Attached Homes (townhomes) rose

11.08%

in Q1 2019 in comparison to Q1 2018.

Introducing the Garcia Real Estate Group! Selling a home can be a long and involved process. A good RealtorŽ is involved every step of the way – from helping clients get ready to sell, to marketing their home, to contract negotiations, to closing day and beyond. A RealtorŽ wears many hats. That’s why I've assembled a team of real estate professionals with specific areas of expertise. This will give my clients the best possible service from start to finish. The goal of The Garcia Real Estate Group is to provide excellent communication, superior service, a smooth transaction and satisfied clients in the end. Meet our Team at: garciarealestategrp.com/about

The

REAL ESTATE MARKET TRENDS

2019 Q1 Real Estate Market

W

e seem to be off to a good start in the real estate market so far this year! You will notice below that there has been a substantial increase in the home sale prices in both Haymarket and Prince William County as a whole. Whether we look at the Average Sold Price (all prices added and divided by number of homes) or the Median Sold Price (the sale price in the middle of the data), both are promising for

Haymarket VA

Q1 2019

Q1 2018

% Change

Average Sold Price

$557,747

$510,104

+9.34%

Median Sold Price

$500,000

$484,855

+3.12%

87

100

-13%

Homes Sold Average Days on the Market

69

64

+7.81%

$415,582

$374,120

+11.08%

37

37

0%

$662,949

$589,968

+12.37%

50

63

-20.63%

Prince William County Q1 2019

Q1 2018

% Change

Average Sold Price

$393,290

$380,809

+6.77%

Median Sold Price

$369,925

$352,500

+4.94%

1356

1302

+4.15%

62

61

+1.64%

$309,966

$294,565

+5.23%

Average Sold Price - Attached Homes Attached Homes Sold Average Sold Price - Detached Homes Detached Homes Sold

Average Days on the Market Average Sold Price - Attached Homes Attached Homes Sold

What is my home worth? Call Bryan Garcia for a Free Customized Home Valuation.

Call 703-517-2574 or Text GARCIA to 85377 for my contact information.

potential home sellers – especially with attached homes or townhomes. Average Days on the Market has increased this quarter, especially in the month of March compared to last year. However, this data definitely represents the average, because we are seeing desirable homes sell in just days. One of our agents sold a home in Stepney Plantation Estates the day it went on the market.

Q1 2019 (January 1 to March 31)

Homes Sold

HaymarketHomeowner.com

Average Sold Price - Detached Homes Detached Homes Sold

624

571

+9.28%

$464,447

$448,176

+3.63%

732

731

+.14%

March 2019 Haymarket VA

March 2019 March 2018

% Change

Average Sold Price

$554,155

$505,660

+9.59%

Median Sold Price

$500,000

$484,855

+3.12%

Homes Sold

35

48

-27.06%

Average Days on the Market

70

57

+22.81%

$426,411

$357,305

+19.34%

14

15

-6.67%

$639,318

$573,093

+11.56%

21

33

-36.36%

Average Sold Price - Attached Homes Attached Homes Sold Average Sold Price - Detached Homes Detached Homes Sold

Market Watch Source: RBI Real Estate Business Intelligence


FEATURED PROPERTIES

The

The BEST location in Haymarket is now For Sale PRIME central Downtown Haymarket location with B-1 zoning and high visibility is suitable for professional office or retail use. Parking for 17. (Current business not for sale.) 15030 Washington Street, Haymarket, VA $775,000 Listed by Bryan Garcia

COMING SOON! 6947 Cumberstone Place, Gainesville Listed by Bryan Garcia

COMING SOON! 7828 Ontario Road, Gainesville Listed by Bryan Garcia

UNDER CONTRACT 10853 King Nobel Lane, Bealeton Listed by Bryan Garcia

RECENTLY SOLD 7380 Tucan Court, Warrenton Pending Sale

4410 Sanders Lane, Catharpin SOLD for $430,000

2917 Martin Terrace, Haymarket SOLD for $406,675


COMMUNITY

HaymarketHomeowner.com

Spring Things! Some Local Favorites The ARTS at Haymarket May Exhibit Month of May Opening Reception Saturday, May 11th 15025 Washington Street, Haymarket Water colorist Lynn Lambert is the featured artist for May at the ARTS at Haymarket at the Haymarket Museum. Lynn’s career began with a fascination in Far Eastern cultures and has developed over the years into Sumi-e Chinese brush art, which takes many hours (and years) to master. Her work has been displayed at The Smithsonian Institution and National Museum of Natural History, in celebration of the 25th Anniversary of National Asian Pacific American Arts and Crafts Day. Her Chinese Brush Art studio is in a tiny house on The FARM at DEER HOLLOW in Warrenton, Virginia. Be sure to stop by in May to see this wonderful collection.

Collabstock Beer Fest Saturday, May 11th 1 PM to 5 PM Farm Brewery at Broad Run, Haymarket Support Virginia agriculture and head over to the 1st Annual Collabstock Beer Fest featuring 10 local farm Breweries ... for beer, love and collaboration (as advertised).

This festival celebrates the best of Virginia Farms Breweries and the Brewers that make that beer. Ticket price is $35 and it includes unlimited tastings, a keepsake taster glass and commemorative koozie. There will be some great food for purchase with Nomini Bay Oyster Ranch and Spanky's BBQ. Groove all afternoon to the tunes of Odell's Knife. Tickets for ages 21 and over can be purchased on Eventbrite or visit thefarmbreweryatbroadrun.com for more information about this and other upcoming events.

Manassas Viking Festival Saturday and Sunday, May 11th & 12th 10 PM to 5 PM Historic Downtown Manassas Here’s something different. Dress up as a Viking and step back in time at this familyfriendly event. Don’t have any viking attire? No worries, viking helmets and other themed gear can be purchased there (see photo). Learn all about Scandinavian history at the Viking Village on the Manassas Museum lawn. Multiple Viking reenactment groups will demonstrate daily life, including battles, during the Viking era. There will also be educational programs with hawks and owls and lots of Vikingera related vendors. Musical performers,

as well as Nordic and the Phoenix Irish Dancers, will provide entertainment throughout the day. Follow the Manassas Viking Festival Facebook page for updates.

Twilight Polo at Great Meadow Saturdays, May 18th to September 14th 6 PM (Gates open at 5:30 PM) 5089 Old Tavern Road, The Plains This is a fantastic way to take in the beautiful grounds of Great Meadow while enjoying a spirited match of Twilight Polo. If you’ve never been to a Polo match,


COMMUNITY

you’re in for a treat. Twilight Polo is an easy introduction to the sport – which has been referred to as “hockey on horseback” (pictured above). This version is set on a smaller field and spectators of all ages gather on a grassy hill with blankets and picnics. Early tailgating is popular and spectators may purchase food on site or bring their own food and drink. Themes for the 2019 season include Military Appreciation Night, Pirate Night, Luau Night and Fiesta Night. Gates open at 5:30 and the first match of three matches begins at 6 p.m. with dancing in the pavilion following the final feature match at 8 p.m. Entry is $25 per carload in advance and $30 at the gate. Visit www.greatmeadow.org for more information and pre-sale tickets.

Little Tots at Atlas Walk Wednesdays, May 15th to September 18th 10:30 AM Splash Fountain, VA Gateway, Gainesville Join friends and playmates for lively family entertainment every 3rd Wednesday of the month all summer long. Events are sponsored by Everbrook Academy. May 15th: June 19th:

Rocknoceros (Note: location change for this event only will take place on the Plaza at Promenade.) Big Barn Puppets

Bryan Garcia, Garcia Real Estate Group | 703-517-2574

July 17th: Peter Wood Explorer of the Impossible Aug. 21st: Wildlife Ambassadors Sept. 18th: Peter McCory In the event of inclement weather, please check the Facebook page for real-time event updates.

Northern VA Fine Arts Festival Friday to Sunday, May 17th to 19th 10 AM to 5 PM Reston Town Center, Reston, VA This is one of the best fine arts festivals around, known for high quality level of art in all mediums – painting, jewelry,

pottery, wood, sculpture and more. Since 1991, the nonprofit Greater Reston Arts Center (GRACE) has produced the Northern Virginia Fine Arts Festival, and it has become its largest annual fundraiser supporting the arts. All interior streets in Reston Town Center are reserved for pedestrians only (pictured below) during the Festival and the eleven-block art walk features more than 200 of the nation’s best artists and offers patrons the opportunity to view and purchase original art directly from the participating artists. Visit restonarts.org for more information.


COMMUNITY

HaymarketHomeowner.com

Old Town Warrenton Spring Festival Saturday, May 18th 9 AM to 4 PM Main Street in Old Town Warrenton Take a short drive to Old Town Warrenton for the 41st Annual Spring Festival sponsored by the Fauquier Chamber of Commerce. Historic Main Street will be the scene of over 250 crafters, artisans, food vendors and entertainers. Craft offerings include jewelry, toys, photography, fine art and pottery. Festival food includes hot dogs, hamburgers, BBQ chicken, crab cakes, fresh-squeezed lemonade, gyros, kettle corn, funnel cakes and steak and cheese. Vendors come from Virginia, Maryland, North Carolina, and West Virginia, but some come from as far away as New Hampshire, Florida, and Michigan provided a wide variety of choices. The event is free to all. Visit fauquierchamber. org for more information.

Delaplane Strawberry Festival Saturday and Sunday, May 25th & 26th Sky Meadows State Park, Delaplane, VA Held by the Emmanuel Episcopal Church in Delaplane, this annual event is a favorite among locals and is only a 25 minute ride from Haymarket. The countryside setting is a beautiful way to take in the outdoors and enjoy a day of family fun during “strawberry season”. Festivities include hayrides, old fashioned field games, dancing, music, magic, storytelling, crafts, a petting farm, bake sale, hikes in

the shadow of the Appalachian Trail, face painting and more. Pack the whole family in the car for a $25 entry fee that includes all. Bring your own picnic or snack on festival fare and strawberry sundaes. And, remember to take home a flat of fresh strawberries. Visit emmanuel-delaplane. org for more information.

($20) with 12 and under with adults admitted free. Visit toughmudder.com for more information.

Tough Mudder 5K Haymarket Saturday, June 1st & Sunday, June 2nd Silver Lake Park, Haymarket Tough Mudder is a new breed of 5K set on a massively muddy 3.1 mile loop (pictured above) with 13 epic obstacles, and this year it’s being held in Haymarket! It is a challenge, but Tough Mudder 5K is untimed, so there’s no pressure, no judgement and no need to train (although some level of fitness is recommended). It’s a like-minded community of people who’ve chosen to do something different with their weekend – and have a blast doing it! Register as a team or as a Solo Runner. It all starts and ends in Mudder Village with live entertainment, lawn games, fitness challenges and authentic local food. After the race, the good times keep rolling with cold beer. If this all sounds too strenuous for your family, head over as a Spectator

Vintage Virginia Wine & Food Festival Saturday, June 1st from 12 PM to 6 PM Sunday, June 2nd from 11 AM to 5 PM Bull Run Special Events Center, Centerville Northern Virginia’s best wine festival is back and this year and promises to be as good as ever. There will be over 200 wines from over 20 Virginia wineries in an ALLYOU-CARE-TO-TASTE affair, as well as specialty wine tastings and food pairings. Enjoy live music and local food from DC’s hottest food trucks. Chose from General Admission ($40) and VIP Admission ($65) and plan to make a day of it. Main stage musical guests include Earth, Wind & Fire Tribute Band and Flip Like Wilson. Visit vintagevirginia.com for ticket information.


COMMUNITY Celebrate Fairfax! Festival Friday to Sunday, June 7th to June 9th 12000 Government Center Pkwy, Fairfax A 25-acre site is magically filled with fascinating sights and sounds of more than 300 exhibitors, food vendors, and interactive activities. Celebrate Fairfax! showcases live concerts on seven stages, a petting zoo, interactive activities for the wee ones, the Fairfax County Karaoke Championship, 40 thrilling carnival rides, the Sunday Brew, DockDogs Competition, Taste of Virginia Wine Bar, Robotics Pavilion, fireworks and more! This year’s Bud Light Main Stage will feature top national headline performer Better Than Ezra and Smash Mouth! Visit celebratefairfax.com for schedule.

Manassas Jazz Festival Saturday, June 15th 12 PM to 7 PM Manassas Museum outside, Manassas

Bryan Garcia, Garcia Real Estate Group | 703-517-2574

chairs, blankets and sunscreen. Tickets are $25 with Taster Tickets and VIP Taster Tickets available. This year’s featured artist is Marcus Johnson (pictured below), independent Billboard-ranked musician and NAACP Image Award nominee. Go to visitmanassas.org for more information on advanced ticket sales.

Haymarket Stars & Stripes Saturday, June 30th 2 PM to 6 PM QBE Building, Haymarket Head into Town this year for the 1st Annual Haymarket Stars & Stripes Event which will feature a concert, children’s parade, summer games, food trucks, ice cream

and the 3rd Annual Haymarket Police Department Car Show. This will be a great way to celebrate the 4th of July kick-off weekend. All children are encouraged to decorate bikes, wagons, scooters, unicycles, tricycles or any other non-motorized play vehicle in festive Fourth of July decor for the Children's parade. All proceeds from the Car Show will be donated to ALS research this year. Registration will be $15.00 which includes a goodie bag upon arrival. Show cars will arrive at 12:30 pm to be placed in a spot. Space is limited this year to 65 cars so register fast before they sell out. Please direct Car Show questions to Officer Coire Oneal at coneal@townofhaymarket.org.

Haymarket Farmers Markets

Here’s a great way to celebrate Father’s Day weekend. The Festival features Virginia farm wineries, Virginia craft breweries, and local Virginia distilleries. An afternoon of live jazz music will make this a perfect day to chill with friends and loved ones. Bring out your lawn

Haymarket Farmers Market

EXIT 40 Farmers Market

15000 Washington Street, Haymarket Saturdays from 8 AM to 2 PM First Saturday of April through October

NEW at The Winery at LaGrange Thursdays from 3 p.m. to 7 p.m. May 9th through end of October

The Haymarket Farmers Market will be held once again in the Town Hall parking lot. The Haymarket Farmers Market has become a go-to weekend event for local shoppers during the warmer months of the year. It features Virginia-grown products only and offers a bountiful selection of fresh vegetables, fruits, meats and other local products. The Haymarket Farmers Market is run by the Town of Haymarket and vendors are welcome to participate by contacting the Town Hall at www.townofhaymarket.org.

The Exit 40 Farmers Market, formerly at the Haymarket Novant Health Medical Center, has a new location this year. It will be hosted by Winery at LaGrange! In addition to the fresh, local produce, crafts, and artisan foods, the market boasts grilled food from Dancing Cow Farm (who raises her own pork and beef to grill on-site), Great Harvest Bread, Tana’s Kitchen pot pies, C. Hess Orchard & Produce and more. Unwind on Thursday evenings with a glass of wine and pick up some local treats for dinner.


HOMEOWNER IMPROVEMENT & SERVICE DIRECTORY

2019

Email BryanGarcia@ExitHeritage.com to be included in this directory.

FENCING Beitzell Fence Company 4665 Sudley Road Catharpin, VA 20143 Phone: 703-754-0011 Email: beitzellfence@aol.com www.beitzellfence.com

FINANCE & LEGAL George Mason Mortgage, LLC 7454 Limestone Drive Gainesville, VA 20155 Curtis Scott, Sales Manager Phone: 571-332-6575 Email: cscottt@gmmlcc.com www.gmmlcc.com/cscott/

Capital Bank 7725 Research Blvd, Suite #180 Reston, Virginia 20191 James Bell, Virginia Regional Manager NMLS# 455846 Phone: 703-216-4502 Email: JBell@capitalbankmd.com www.capitalbankmd.com

FLOORING Kemper Carpet & Flooring 7937 Stonewall Shops Square Gainesville, VA 20155 Phone: 571-222-4838 www.kempercarpet.com

HEATING & AIR CONDITIONING

LANDSCAPE & GARDEN

Air-Right Energy Design Inc.

4208 Lee Highway, Warrenton, VA 20187 Phone: 554-341-4006 Contact: Ryan Anderson www.gatewayhomeandgardencenter.com

12167 Livingston Road Manassas, VA 20109 Phone: 703-530-0166 Contact: Rick Graham, Owner www.air-right.com

HOME INSPECTION Matt Lloyd Pillar to Post 5501 Merchants View Square, Suite 701 Haymarket, VA 20169 Phone: 703-520-1440 Contact: Matt Lloyd, Owner/Principal Inspector www.pillartopost.com/mattlloyd

Macon Piercy & Son's Inc. Warrenton, VA Phone: 540-435-7903 Contact: Macon Piercy III, Owner/Inspector

HOME SELLING CONSULTATIONS EXIT Heritage Realty 15030 Washington Street Haymarket, VA, 20169 Phone: 571-753-9100 (Office) Phone: 703-517-2574 (Cell) Contact: Bryan Garcia, Principal Broker Garcia Real Estate Group Email: bryangarcia@exitheritage.com www.exitheritage.com www.garciarealestategrp.com

Gateway Home & Garden Center

MOVING & STORAGE Able Moving & Storage 8050 Wellingford Drive Manassas, VA 20155 Phone: 703-898-8182 Contact: Shawn Neal, Account Manager Email: sneal@ablemoving.com www.ablemoving.com

Ace Moving & Storage Inc. 14205 John Marshall Highway Gainesville, VA 20155 Phone: 703-707-9400 Contact: Melissa Cote, Move Coordinator www.acemoversinc.com

REMODELS & ADDITIONS On the Level Contractors 14720 Flint Lee Road Chantilly, VA 20151 Phone: 571-375-1700 (Office) Phone: 571-233-4820 (Cell) Contact: Georgia Psihas, Owner/President Email: sales@onthelevel.contractors www.onthelevel.contractors

Please note: While these businesses are recommended by Bryan Garcia, they are paid advertisers in this publication.


Annuals & Perennials for Late Spring.

Find everything you need for your yard, garden and patio at Gateway Home & Garden Center * Trees & shrubs * Annuals & perennials * Soils and mulches * Turf care, tools and hardscapes

15% Off

All Plant Materials with promo code: HaymarketHomeowner Not good with any other offers or prior purchases. (Expires: 8/1/19)

We’re at the yellow house at Route 29 South and Vint Hill Road.

540-341-4006 www.GatewayHomeandGardenCenter.com 4208 Lee Hwy, Warrenton, VA 20187

When you’re ready to move, we’re ABLE to move you.

Carpet You Can Depend On

Able Moving & Storage, Inc. is a full service moving company specializing in residential and commercial moves. With over 50 trucks, 150 full time employees, and over 100,000 square feet of state-of-the-art warehouse facilities, Able can help you with any of your moving needs. Please call us at 703-330-3772 for a “Free Written Estimate”, and be sure to mention Haymarket Homeowner.

Carpet

Ask About Special Discounts & Services for BRYAN GARCIA Clients

Wood Flooring

We are the only Stainmaster® flooring center in Northern Virginia. Our customers always get the “you stain it, we replace it” warranty!

Wood Refinishing Tile Laminate Vinyl Tile Woman Owned Business

7937 Stonewall Shops Square, Gainesville, VA 571-222-4838 • Kempercarpet.com * Located in the Wegmans Plaza *


TIPS FROM THE TEAM

Seven scenarios that can help you decide if you should sell your home or just stay put ...

Y

ou may be watching the Haymarket area real estate market and wondering if now is a good time to sell YOUR home. Despite what HGTV real estate reality shows might have led you to believe, the decision to sell your home isn’t simple – and it definitely isn’t one you can reach in 30 minutes. This is true even if you never really loved your property in the first place. Maybe it's the commute, you need more space or are tired of a high HOA. If you feel like you're ready to part with your home, here are some scenarios to guide you towards knowing if it’s time to sell, refinance, or just stay put.

Scenario #1: You're Paying PMI If your down payment was less than 20%, your loan likely came with private mortgage insurance (PMI) that has added a little extra to your monthly payment. If you now have at least 20% equity in your home, you can refinance your loan in order to remove the PMI. If you don’t have at least 20% equity yet, it might be worth waiting a little bit longer. It’s a sign to … Refinance or Do Nothing

Scenario #2: You’ve Suddenly Noticed 100 Things You Dislike About Your Home After the honeymoon phase with your home is over, you may grow to dislike certain features about it that you once loved, or never got around to updating. However, who is to say that the pattern won’t repeat with a different property? Moving expenses can be expensive and a new house may need work too. Fight that FOMO (fear of missing out) by making improvements like upgrading the kitchen or bath, fixing up the exterior for a little curb appeal, or even just trying simple fixes like repainting the rooms or adding new furniture. It’s a sign to … Stay Put and Update, or Sell

HaymarketHomeowner.com

LOVE IT OR LIST IT? Scenario #3: You’ve Just Made a Big Investment Whether you’ve put a lot of money into your home through renovations or upgrades, or you made another big investment in your life (started a business, went back to school, bought a boat, etc.), you could be stretched a little too thin to sell your home right now. While renovations often add to the value of a home, they don’t guarantee a higher sales price and shouldn’t be the sole motivation for selling. This is especially true if you made highly personal choices in your improvements, like a major upgrade to your kitchen. Instead, enjoy the new scenery. It’s a sign to … Stay Put

Scenario #4: You’ve Run Out of Space Maybe your family has expanded since you bought your two-bedroom, or you decluttered repeatedly but you’d need to become a minimalist to make your space work. Instead of drastically changing your lifestyle, change your home. If budget is a concern, prioritize space over other items on your real estate wish list like a specific neighborhood, high-end amenities, new construction or a newly-updated home. It’s a sign to … Sell

Scenario #5: You're Done with Your Neighborhood What was once a quiet suburban road became a popular cut-through for speeding traffic. Your neighbor's teenager just launched a new garage band. You maintain your property with pride but the neighbors on both sides don't. While there are many things you can do to improve your home’s interior and exterior, you can’t change the location. If the idea of heading home makes you miserable, it’s time to find new surroundings. It’s a sign to … Sell

Scenario #6: You’ve Got Debt (But Also Equity) Sure, you might profit from the sale of your home, which could help you pay off lingering loans, credit card balances and other types of debt. But that’s not a guarantee. Plus, in order to get the highest offers, you could end up having to invest in making repairs and upgrades. If you built equity, you can refinance to a lower interest rate and a lower monthly payment, thus freeing up more money in your budget. Another option to consider is a cash-out refinance to consolidate your debt. This pays off the balances up front, then you’d make fixed payments on the refinanced loan. It’s a sign to … Refinance

Scenario #7: You Have Too Much Space You own a big house in a family-friendly, amenity-filled community — except the family is now gone. The kids have moved on, many of your friends have retired and moved south and you're tired of paying to maintain space you barely use. If you've been around Northern Virginia for over 10 years, you probably have some equity. And with the rising Baby Boomer population, home builders are building communities with this generation in mind — active adult, main floor masters, energy efficient, lowmaintenance homes. It's time. It’s a sign to … Sell


TIPS FROM THE TEAM

Bryan Garcia, Garcia Real Estate Group | 703-517-2574

Three important "Must Do's" for selling your home

T

here are several factors that contribute to the quick sale of a home including location, price and market conditions. However, there are three factors that I believe are critical to the sale of a home, regardless of everything else. They are Preparation, Presentation and Photography. For some homes, Preparation may take weeks, even months. But, in the end it usually pays off. This doesn't have to be costly renovations; it's more about

BEFORE

cleaning out, decluttering, pre-packing, and cosmetic updates like paint, grout and carpet cleaning. Presentation is about making your home look nice, or "staging" it for photography and showings. Often times this can mean removing items, rearranging items or updating with simple decor. New throw pillows, fake plants and newer, clean bath towels go a long way. The Garcia Real Estate Group provides a free Home Preparation Consultation and

for some homes, will provide basic staging items from our inventory. Lastly, Photography. Over 90% of buyers search online for homes. If your home does not present well in photos, it may get passed over. See the Haymarket area homes shown below and the difference preparation, presentation and professional photography make! If you're thinking of selling your home, call Bryan Garcia and he'll tell you all about our home selling marketing strategy.

AFTER


AROUND TOWN

HaymarketHomeowner.com

Two locals make a difference in housing program

In

Northern Virginia, where most homes are relatively new and the weather temperate, homeowners don’t often have to worry about living in dilapidated, non-insulative housing. However, in a small town in Utah called Moab, access to safe and affordable housing for the workforce is very limited. Moab is located right outside of Arches National Park and is a premier vacation spot for hikers, mountain bikers, and Jeep enthusiasts, but it wasn’t always a vacation spot. In the 1950’s the uranium boom drew 6,000 people to the tiny town - more than the current population. In an effort to keep up with this drastic population growth, hundreds of manufactured homes were produced. These trailers served their purpose at the time, but certainly weren’t built to last. However, many of them did last, and still make up a good portion of the housing stock in Moab today. This problem is what influenced Community Rebuilds, a local nonprofit, to begin in Moab in 2007. Community Rebuilds combined the need for affordable, safe housing with the increased desire for sustainable building practices. Through a workforce education program, CR draws interns from all over the world to come to Moab and learn natural building techniques by building houses for qualifying Moab residents from start to finish. Interns

Reid enjoying the outdoor wonders of Moab, Utah

volunteer for five months in exchange for housing, a food stipend, and education on strawbale construction, natural plaster techniques, permaculture principles, and solar installation. In the summer of 2018, two graduates from Battlefield High School moved to Moab. Jamie Shalvey, a 2012 graduate, came for the build internship to become more familiar with general construction and to learn more about Community Rebuilds’ model for affordable housing. Reid Saunders, another 2012 graduate, came on as an Americorps Vista and is serving as the Planner for the Organization. Both Jamie and Reid currently work in Community Rebuilds’ office. Jamie primarily works on writing grants and qualifying potential homeowners, and Reid spends her time preparing for the future of CR: creating plans for sustainable and environmentally impactful models of building. While access to safe and healthy housing is not as prevalent in Northern Virginia, the issue of affordability certainly is. Community Rebuilds, by building with the help of volunteers, is similar to Habitat for Humanity. However, a key aspect to a CR home is that by using a simple

Jamie over the foundation of a new home.

layout, straw-bales, and natural elements, the material cost is often referred to as “dirt cheap”. Natural building is by no means easy, but the low materials cost, the lessened environmental impact of using carbon-sequestering straw bales as insulation, and the reduced energy costs make it an attractive option. In fact, many of CR’s houses are net zero energy; making utility bills virtually nothing. You might think that this model of building is not appropriate for a climate outside the American Southwest. And you may be right: Community Rebuilds is especially suited to the climate and the economy of Moab. However, plenty of builders are exploring natural building all over the country. These houses will look different than CR homes; perhaps they’ll have steeper roof pitches to account for the snow, or will forgo natural exterior plasters in a very wet climate. But natural building is prevalent in whatever form is suited for the area. You can find straw-bale homes in several eco-villages in Virginia, and natural builders working all over the East coast. Jamie and Reid are excited to be a part of this nonprofit, and look forward to a time when sustainable, natural building and affordable housing can coincide in other places where the workforce has a need for safe and cost-effective homes. Visit communityrebuilds.org to learn more.

Reid and a pile of rocks, just for fun :)

Jamie at the

home site she helped build Fall 20 18


AROUND TOWN

Bryan Garcia, Garcia Real Estate Group | 703-517-2574

Benefit Golf Tournament at Stonewall Golf Club

C

onsider attending and/or sponsoring the 2nd Annual Jacob Mark Blackwell Memorial Golf Tournament – a worthwhile event being held at Stonewall Golf Club in Lake Manassas on May 31st. Last year’s inaugural event was a resounding success. This tournament was created to remember Jacob; and BWell Today For Tomorrow, a 501(C)(3) non-profit in Warrenton, was created in memory of vibrant and compassionate brother and sister, Jacob and Andrea. Friends and family have chosen to pick up on their missions where they left off … doing what they need to do, with the energy and legacy of Jacob and Andrea’s loyalty and infinite compassion. Event participation includes: • Register to golf • Register to be a sponsor and golf • Register to be a sponsor only • Donate as a patron

SATURDAY, MAY 31ST, 2019 Single Player Green Fee is $200 and includes shared cart, golf gifts, breakfast, lunch, beverages and a goodie bag. Various level Hole Sponsors include all of the above and depending on level, may include foursome, shirts and sponsorship recognition options. Sponsor Only options include sponsorship recognition options. It’s a great way to get your business noticed while supporting a great cause.

DON'T RELY ON ZILLOW Get ACCURATE information for YOUR specific Haymarket home and neighborhood with a FREE Customized Home Valuation from our hyper-local real estate data.

The focus of BWell for Today is on atrisk lifestyles, mental health, and wellness. Simply put, these are real issues that are growing; they are not going away. Proceeds from your generous support are vital to critical community needs. They are proud to provide grants this year to the following organizations that are aligned with their mission. • Verdun Adventure Bound • Just Ask Prevention • Mental Health America • The Clifton Institute • One Love Foundation For more information and to download the Registration and Sponsor Form visit bwelltoday.org/golf-tournament. Can’t make the tournament but want to contribute. Make a tax-deductible donation at the website. Any amount is greatly appreciated.

Fencing for a Lifetime To fit any style, function or budget QUALITY • RELIABILITY • SERVICE

All you have to do is ask. ALUMINUM FENCES

CUSTOM VINYL FENCES & GATES

WOOD FENCES

FENCES: Wood • Chain-link • Vinyl • Privacy • Decorative • Ornamental • • Aluminum • Driveway Gates • Control Gates & More! CUSTOM FABRICATION: Weldings • Railings

FREE GATE with any Fence Job of 150 Ft. or more (a $150 Value!) Not valid with other offers or previous purchase.

garciarealestategrp.com/sellers

* 33 Years of Service in the Community * Excellence in Workmanship Call for a Free Consultation

703-754-0011

www.beitzellfence.com


COMMUNITY MARKET WATCH

HaymarketHomeowner.com

Haymarket Neighborhood Stats

H

ere are the real estate sales results for most of the subdivisions in Haymarket for the first quarter of 2019 and the month of March 2019 compared to the same months in 2018. With the exception of Villages of Piedmont, which is still offering new construction homes, and a few of the

smaller subdivisions, home sales have decreased so far this quarter compared to this same time last year. Sales prices always vary in specific neighborhood data. It's important to do a Customized Home Valuation to get an accurate report if you are thinking of selling. Call Bryan Garcia if you need some advice.

Sold Homes Advertised Subdivision

March 2019 March 2018

Q1 2019

Q1 2018

Dominion Valley Country Club

15

29

8

15

Piedmont

17 17

7

9

Regency at DVCC

7

12

2

6

Piedmont Mews

0

0

0

0

Villages of Piedmont

21

12

6

4

Westmarket

2 1

1 1

Evergreen Farms

3

2

2

0

Sherwood Forest

0

2

0

1

Thinking About Selling? Contact The Garcia Real Estate Group and we'll provide a FREE, Customized Home Valuation. Call 703-517-2574 or Email BryanGarcia@exitheritage.com or visit garciarealestategrp.com/sellers and request one online in just 2 easy steps.

Download my MOBILE BUSINESS CARD! It includes links to my email, phone, Facebook, Twitter, listings and more.

Text GARCIA to 85377

Average Sold Price March 2019 March 2018

Advertised Subdivision

Q1 2019

Q1 2018

Dominion Valley Country Club

$597,107

$591,683

Piedmont

$555,032 $583,338 $524,164 $527,322

Regency at DVCC

$664,180

Piedmont Mews

$470,998

$566,500 $797,000

$620,954 $457,019

n/a

n/a

n/a

n/a

Villages of Piedmont

$465,624

$439,338

$472,333

$443,565

Westmarket

$490,500 $550,000 $419,000 $550,000

Evergreen Farms

$608,407

$662,500

$547,610

n/a

Sherwood Forest

n/a

$461,000

n/a

$477,000

Average Days on Market Advertised Subdivision

Q1 2019

Q1 2018 March 2019 March 2018

Dominion Valley Country Club

60

47

75

53

Piedmont

49 64 38 39

Regency at DVCC

98

37

143

50

Piedmont Mews

n/a

n/a

n/a

n/a

Villages of Piedmont

47

27

35

40

Westmarket

42 16 20 16

Evergreen Farms

61

99

71

n/a

Sherwood Forest

n/a

6

n/a

5

Haymarket Homeowner is published quarterly by Bryan Garcia, Principal Broker. It is printed and mailed to approximately 9,000 households in Haymarket, Virginia. Design and production by Shalvey Creative. For information about advertising or articles, contact BryanGarcia@exitheritage.com. Š Copyright 2019 Bryan Garcia | Exit Heritage Realty. This information is solely advisory, and should not be substituted for legal, financial or tax advice. Real estate market information is obtained from third party sources. Publisher is not liable for accuracy of any data or statistics. If your home is currently listed with another broker, this is not intended as a solicitation of that listing.


HOME RENOVATION

IN HAYMARKET $500 OFF When you spend $6000!

CALL 571-375-1700

$150 OFF When you spend $2000!

KITCHENS * BATHROOMS * BASEMENTS * ADDITIONS * EXTERIOR REMODELING * DOORS * WINDOWS * DECKS Established in 1995, our local, family-owned and operated business strives to provide exceptional remodeling services.

VISIT: www.onthelevel.contractors

Ask About Our Senior & Veteran Discount

EMAIL: info@onthelevel.contractors

Tell them BRYAN GARCIA sent you and get 10% off your first job!

Home Loans Simple, fast, smooth – that’s what getting a home loan at Capital Bank, N. A. is like. We are able to close your loan quickly so you can start enjoying your new home or addition.

James Bell Virginia Regional Manager NMLS# 455846 10700 Parkridge Blvd. Suite 180 Reston, Virginia 20191 JBell@capitalbankmd.com www.capitalbankmd.com

Call me at 703-216-4502.

Capital Bank, N.A. NMLS # 401599 7725 Research Blvd, Suite 600 Rockville, MD 20850


SAVE THIS ISSUE!

Spring Things! Some Local Favorites SPRING 2019 Published by

BRYAN GARCIA Principal Broker EXIT Heritage Realty

703-517-2574 www.EXITGarcia.com BryanGarcia@exitheritage.com

Call me, Bryan Garcia, "Haymarket Real Estate Guy" at 703-517-2574 if you're ready to sell your home.

EXIT HERITAGE REALTY

15030 Washington Street Haymarket, VA 20169 703-753-9100 Independently Owned and Operated

Visit us at: HaymarketHomeowner.com

Top Lender. Top Service. Curtis Scott

Sales Manager | NMLS# 659506

Call 571-332-6575

7454 Limestone Drive, Gainesville, VA 20155 Direct: 571-332-6575 | Office: 703-802-5304 Email: cscott@gmmllc.com Website: www.gmmllc.com/cscott/ ADVERTISING NOTICE – NOT A COMMITMENT TO LEND – SUBJECT TO PROGRAM AVAILABILITY. This is not a commitment to lend. All loan applications are subject to credit and property approval. Annual Percentage Rate (APR), programs, rates, fees, closing costs, terms and conditions are subject to change without notice and may vary depending upon credit history and transaction specifics. Other closing costs may be necessary. Flood and/or property hazard insurance may be required. To be eligible, buyer must meet minimum down payment, underwriting and program guidelines.


Issuu converts static files into: digital portfolios, online yearbooks, online catalogs, digital photo albums and more. Sign up and create your flipbook.